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Ripple News
Crypto-News-Flash
1w
410
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XRP’s 7-Year Breakout: Analyst Predicts $100 in Sight Amid Ripple’s Largest Token Release
- XRP may be set for a major price breakout after a seven-year consolidation period, according to analyst Armando Pantoja.
- XRP is showing signs of a substantial breakout after trading within a symmetrical triangle pattern.
- Analyst predicts a possible rise to $100 in the future, but not in the near term.
- Ripple recently allocated its largest monthly XRP release in seven years, raising questions about potential impacts on market price.
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Crypto-News-Flash
1w
361
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Ripple and Archax Collaborate to Launch $100M+ in Tokenized Assets on XRPL
- Ripple and Archax have extended their partnership to bring tokenized assets to the XRPL.
- The collaboration aims to attract hundreds of millions of dollars of tokenized Real World Assets (RWA) to XRPL.
- Archax has acquired Spanish broker King & Shaxson Capital Markets (KSCM) to expand its operations in Europe.
- The XRPL has a strong foundation in RWA tokenization and has processed over 2.8 billion transactions without disruption.
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Crypto-News-Flash
1w
370
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Ripple Share Sales Spark Legal Battle: Linqto Accused of Fraud and XRP’s Market Stirs
- Former executive, Gene Zawrotny, files a lawsuit against Linqto, accusing them of fraud, market manipulation, and other misconduct.
- Zawrotny alleges that Linqto inflated its user base, engaged in insider trading, and manipulated share prices.
- Linqto is accused of marking up share prices above FINRA recommendations and creating an artificial market.
- Zawrotny seeks various damages, including an injunction and punitive costs, stating that his career and financial stability have been affected.
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TronWeekly
1w
303
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Analysts Predict XRP Surge as Key Indicators Show Strength
- Technical indicators reveal bullish divergence for XRP, signaling a potential price increase ahead.
- Analyst Ben Armstrong predicts it could reach $10, suggesting regulatory clarity may stabilize its price.
- Ripple's reduced escrow holdings below 39% strengthen investor confidence and attract institutional interest.
- Growing institutional interest, as evidenced by recent filings for XRP-focused ETFs, indicates increasing demand for the cryptocurrency.
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18 Likes
Crypto-News-Flash
1w
202
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XRP News: Ripple’s Q3 Report Draws Criticism Over Escrow Strategy
- Ripple's Q3 report reveals a drop in escrow reserve to 38.9 billion XRP.
- Ripple Labs locked 55 billion XRP in escrow accounts to control supply and stability.
- The reduction in escrow reserve sparks discussion in the XRP community.
- The ongoing SEC vs. Ripple case impacts XRP's price and potential for an ETF.
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Newsbtc
1w
409
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Why One Analyst Says Now’s The Time To Buy XRP—Before It Hits $14
- Analyst Steph predicts an explosive price rally for XRP due to increased global liquidity.
- XRP has historically benefited from higher liquidity, which supports sustained price action.
- Steph cites the potential increase in global liquidity due to favorable central bank policies.
- The analyst also highlights the Bollinger Bands squeeze and descending channel as favorable indicators for XRP's price surge.
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24 Likes
Bitcoinist
1w
291
Image Credit: Bitcoinist
XRP Ledger Set For Governance Overhaul: DAO Confirmed
- The XRP Ledger (XRPL) is set for a major governance overhaul with the confirmation of a Decentralized Autonomous Organization (DAO).
- Collaborative efforts between XRPL Labs, XRPL Commons, Ripple, and Wave of Innovation have paved the way for this transformation.
- The new DAO structure will decentralize decision-making processes and enhance community participation.
- The DAO will have a fully independent board of directors, specialized committees, and aims to recognize and formalize the contributions of community members.
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Crypto-News-Flash
1w
244
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XRP Sees Growing Institutional Demand, Confirms Ripple CEO
- Institutional demand for XRP is surging, with new ETF filings and increased market activity reinforcing its mainstream appeal.
- Legal clarity on XRP’s status as a non-security has strengthened global confidence and contributed to sustained institutional interest.
- Ripple CEO Brad Garlinghouse highlights the growing institutional demand for XRP, referencing recent ETF filings and Grayscale's XRP Trust launch.
- Despite ongoing legal actions by the SEC, XRP remains a top-tier cryptocurrency and continues to attract institutional interest.
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14 Likes
TheNewsCrypto
1w
223
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Is XRP Price Set to Recover or Slide Further?
- XRP trading activity is shifting focus beyond traditional payments, with a rise in decentralized exchange (DEX) functionalities and asset issuance.
- Applications for an XRP Spot ETF could boost price and market exposure, with Spot ETFs already established for Bitcoin and Ethereum.
- XRP's price experienced a minor 0.48% surge, reaching $0.5075 after dropping to a ten-day low of $0.4917.
- The XRP Trust by Grayscale has opened to eligible investors, potentially indicating a strategic move preceding an XRP ETF launch.
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TheCryptoBasic
1w
380
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Expert Predicts Timeline for XRP Bull Run Based on Global Liquidity
- Influential analyst Steph predicts a timeline for an XRP bull run based on global liquidity.
- Steph suggests that XRP may experience a substantial price surge within the last eight weeks of 2024 and into 2025.
- Historical trends indicate that significant price movements in XRP correlate with increases in global liquidity.
- Steph projects that XRP could surge above $6 with the projected rise in global liquidity.
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TheCryptoBasic
1w
405
Image Credit: TheCryptoBasic
Ripple Escrow Balance Falls to 38.9B XRP: Here’s What It Means
- Ripple's escrow balance has reduced to 38.9 billion XRP from the initial 55 billion in 2017.
- Ripple's Q3 2024 report reveals liquid XRP holdings of 4.43 billion and an escrow reserve of 38.9 billion XRP.
- The reduction in Ripple's escrow reserve has triggered reactions within the XRP community.
- Experts highlight the significance of the reduction, with discussions on XRP price impact and potential surge.
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24 Likes
TheNewsCrypto
1w
346
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Is 2100% ROI Just the Start? Will BlockDAG’s 100% Bonus Make XRP & Polkadot Investors Rethink Their Strategy?
- Traders in XRP are dissatisfied due to the ongoing lawsuit, causing some to consider alternative options.
- Polkadot's recent upgrade received a muted response, with a marginal price increase.
- BlockDAG has achieved a monumental 2100% ROI, attracting investors with its transparent and direct strategy.
- With a limited-time 100% bonus offer on presale purchases, BlockDAG presents an ideal opportunity for traders.
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20 Likes
Cryptonews
1w
338
Image Credit: Cryptonews
Ripple CEO Says SEC Lost Battle on Crypto Amid Third Company Filing for XRP ETF
- 21Shares has applied to list an XRP ETF on Cboe, following Bitwise and Canary, to provide exposure to XRP.
- Ripple CEO criticizes the SEC's actions, stating it damages the agency's credibility.
- Ripple prepares for a cross-appeal by escrowing $125 million amidst ongoing legal proceedings with the SEC.
- Ripple's Q3 report claims that XRP's status as not a security remains the law of the land.
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NullTX
1w
325
Image Credit: NullTX
Ripple’s Q3 2024 XRP Markets Report Shows Major Gains Amid Key Partnerships And Growing Institutional Interest
- Ripple’s Q3 2024 XRP Markets Report showcases significant gains and positive developments.
- Key highlights include legal clarity in the SEC lawsuit, increased institutional engagement, stable trading volumes, growth of XRP/BTC ratio, heightened on-chain activity, and expansion in the DeFi sector.
- Bitwise, Canary, and 21Shares filed for XRP ETFs, Grayscale introduced an XRP Trust, and 21Shares proposed an XRP ETF to the SEC, indicating growing confidence in XRP's potential.
- 21Shares, known for its successful Solana staking ETP, demonstrates an expanding influence in the digital asset space.
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TheNewsCrypto
1w
203
Image Credit: TheNewsCrypto
XRP Price Dips Below $0.50 Mark, Eyes Key Support Amid Market Sell-Off
- XRP price dips below $0.50 mark, down 2.46% in the last 24 hours.
- No change in legal dispute between Ripple and SEC, but institutional investors show increasing interest in XRP.
- 21Shares proposes XRP-focused ETF, with support from Coinbase Custody Trust Company.
- If price breaks above $0.51, it may climb towards $0.56; below $0.48, it may test $0.42 support level.
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